Product Manager, Medical Devices Salary

For Product Manager of Medical Devicess, annual average wages total $85K per year. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. Women Product Manager of Medical Devicess who took the survey just slightly outnumber men. Job satisfaction is high and work is enjoyable for most Product Manager of Medical Devicess. The data for this snapshot was collected from individuals who took PayScale's salary survey.
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$54,068 - $129,605
(Median)
$54K
$85K
$130K
MEDIAN: $84,991
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$54,068 - $129,605  
   
Bonus
$0.00 - $16,149  
Profit Sharing
$6,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$53,808 - $139,196  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 87
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Job Description for Product Manager, Medical Devices

A product manager creates strategies and plans to implement medical devices into markets and to market them to appropriate parties. The product manager may oversee a sales and marketing team and may provide them with direction, including giving them tactics and tools in which to promote the products.

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Product Manager, Medical Devices Tasks

  • Identify markets and potential clients, as well strategies for building relationships.
  • Manage all sales for medical devices, from initial contact to analytics about markets.
  • Lead market research and customer outreach initiatives.
  • Mentor and train staff.

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Pay by Experience Level for Product Manager, Medical Devices

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Experience and income seem to be closely related; in general, the survey respondents who had worked for more years reported higher incomes. Workers in their first five years can expect to earn $75K, but people who have been around for five to 10 years earn a noticeably bigger sum of $102K. Product Manager of Medical Devicess bring in $110K after working for 10 to 20 years. Product Manager of Medical Devicess who have spent more than 20 years on the job report earning a significantly higher median of $127K.

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Experience Affects Product Manager, Medical Devices Salaries

Late-Career
up arrow 42%

Experienced
up arrow 23%

Mid-Career
up arrow 14%

National Average
$89,000

Entry-Level
up arrow 16%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 8 votes.

Gender

Female
54 %
Male
46 %

Years of Experience

1-4 years
32%
5-9 years
32%
10-19 years
23%
20 years or more
12%

Common Health Benefits

medical benefits
Medical: 97%
dental benefits
Dental: 85%
medical benefits
Vision: 72%
dental benefits
None: 1%
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